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Home My WebLink About0095 r ~ v 3. To pix~ a~d continuoualy kcep on ths buiidinys ~ow w hcre+fter ~ituate on said Ia~d and on sil equipment +nd persa+ally covsred by thit nw~1¢ sg~, with all premiums thencon paid in fuli, fire insur~nce in the usual standard po~~cy fotm, in s sum ~pproved by ths MORiGAGEE, ~~d wind~totm Ensuranc~ in the usual standard pol~cy to~m, in a sum approved by ~he MORTGAGEE, in iuch company or comp+nies as ths MORiGAGEE may dirKtt ~nd al) fi~e and wir?Jstorm insurance politie~ on any o( said build~ngs, any intere~t therei~ w part thereof. in the aggregate sum afortsaid w In exceu lhereof, shali contain ths usual s~andard mortgages ciause w such othe~ claus~ as the Mortpagee may ~eq~ire, making tt?e Iws under u~d poli~ cies, each ~nd eve?y, payable to said MORTGAGEE as i~s intereit may appear, and e~ch and eva?y such policy ihall be p~omptly ass.yned and delivered ~o ~ny held by said MORTGAGEE as (ur~her secu~ity to said mo~tpage debt, snd, not less than ten (10) days in advance of the expiration of each policy. to da liver to iaid MORTGAGEE a renewal thereof, topether with a receipt iw the premium of such renewal; and ~here shall be ~o fire or windstorm i~surante ptaCed on ~ny of said buitdings, any interest tFxrein or parl thtreof, unless in the form and wilh the lou paYable as a{aesaid; and i~ the event any sum of naney becanes payable u~de~ such poticy o~ policies wid MORTGAGEE shall have ihe op~ion ro rcceive and apply the same on accoum of the indebted- ness Secured hereby w to permit said MORTGAGORS to ~ettive and vs~ it o~ any parf thereof Iw otne? purposes, v~~~hout ths~eb~ wai~i~eg or ~mpair- in9 any eq~ity, lien or reght under w by virtue of Ihis mo:tgage; and in tM event ia~d MORTGAGORS shall fa any reason (ai) to keep the said premises so insured, a fsil fo deliver promptly any of said pol~cies of insurance to said MORTGAGEE, or fail promptly to pay tulty any premium therefw w in ~ny respect fail b pertwm, dixharge, execute, effed, complete, comply with ~nd abide by this covenant, or any part hereof, said MORTGAGEE may pl~te ~nd pay fO~ suth insulante or any part thereOf without waivin~ w a(fetting any option, lie~, lquity, w right under or by virtue of this Mwtgsge, snd tht full amou~t of each ~nd erery such payment shall be immediately due arn1 payabte and ~hall bear interest from the date thereof ~roil paid a~ ths rate of nine per tentum pa annum.and to~ether with suth interest shall be secured by the lie~ of this morfgage. 1. To petmit, oommit or suffer no waste, impairment or deterioration of said property or any part thereof. 5. To pay aft and singu~sr the co~ts, charges and expenses, including a reasonable attwney i fee and costs of abstracts of title, incurred w paid at any time by said MORiGAG:E, betause w M the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perfwm, diuhar94 execute, e(fed, complete, comply w~th and abide by each ~nd every the stipulations, agreements, conditions, and covenants of said p~omissory ~ote ~nd thii mortgage any w eitF?er, and said cosn, charges and expenses, each and every, shall be immediately due and payable; whether o? not there be notice d~ ma~d, attempt to collect or s~i~ pending; and the ful) amo~nl of exh and evNy such paymenf shall bes~ interea~ from the date thereof until paid at Ihe rate of nine per centum per annurn; a~d all said costs, charges and expenses inturred w paid, together w~th such interest, sF?all be setured by the lien of thii mortgaqe. 6. That (a) in the event of any breach of this Mortgage or defautt on the part of the MORTGAGOR, a(b) in the event any of ssid sums of money herein referred to be not promptly and fully paid within th~rty (30) days nex~ aiter the same seve~ally become due and payable, wi~Fwut demand a notice, or (c) in the event each and every the stipulations, agreements, conditions and covena~ts of sa:d promiuory note and th~a rr.ortgage any or tithe? are nof ~uly, promptly and f~lly performed, d~xharged, execu~ed, eifected, completed, complied with and abidrd Sy, then in either a any tuch event the said e~ gregate wm mentioned i~ aaid promissory note then remaining unpa~d, with interest accrued, and all moneys zecured hereby, shall betome dve and pay- able fathwith, or thereafrer, at the option of said MORTGAGEE, as fulty and completely as i( all of the sa7d sums of money ~vere orginally stipulated to be paid oo such day, anything in sa:d promiuory note a in this Mortgage to the contrary notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, withoul notice or demand, suit at law ot in equity, therefore o~ thereafter begun, may be prosecuted as if all moneys secured he?eby had matwed prwr Io its institution. 7. 7hat in the event that at the beginning of a at any time pending any suit upon this Mortgsge, w to (aeclose it, a to reform it, w to enfo~ce payment of any claims hereunder, uid MORTGAGEE shall apply to ihe Cour~ having jurisd~ctio~ ~hereof (or ~he appo~ntment of a Receive~, such Court shall Fwthwith appoint a receiver ot said mortgaged property all and singular, includmg aIl and singulai the income, profits, issues and revenues from whatever source derived, each and every of wh~ch, it being expressly ~nderstood, is hereby mortgaged as if spec~~ically set fath and described in rF?e g.an~ing and habendum clauses hereof, and such Receiver shafl have all the boad and effective funct~ons and powe~s in anywise entrusted by a Courf to a Receivtr, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the edequacy w inadequacy of the vslue of the property mortgaged or to the sotvency w~nsolvency of said MORiGAGOR a the defendants, and that such rents, profits, incane, issues and revenues shall be applied by such Receiver accwd~ng to the lien or equity of uid MORTGAGEE and the practice of ~uch Courf. 8. To duly, p~omptly and fully perform, discharge, execute, effect, mmplete, comply with and sb~de by each and every the stipulaYwns, agreements, conditions and covenants ~n sa~d promissory ~ote and this mwtgage set forlh. 9. That in the event the ownership of the mortgayed premises, w any part thereof, becomes veated io a person other than the MORTGAGOR, ihe MORTGAGEE, irs succeuo?s and assigns, may, without notice to the MORTGAOR, deal with such succeua or successor in interest with reference to this ~ mortgage +~+d the debt hereby secured in the same manner as with Mo~tgaga without in any way vitiating w dixharging the Mwtgagors' lisbility hera- under w upon the debt hereby secured. No sale of the Fremixs hereby mwtgaged and no for6ea+ance on tht part of ?he ?AORTGAGEE w its sutcessors or assg~s and no extension ot the time fw the payment of the debt hereby secured given by the MORTGAGE~ or its successors or auigns, shill operate to retease, discharge, modify change w af(ect the original liability of the AItORTGAGpR herein, either in whole or in part. 10_ It is speufically agreed that time is o( the essence of this contract and tha~ no waiver of any ob~3gation hereunder or of the oblipaYan se- cured hereby shall at any time thereafter be held to be a waiver of Ihe terms hereof or of the instrument secured herby. 1 i. In add~t~on to the fwego:ng monthly payments of princ'pat and intzrest required by the prom;ssary note secured hereby, mortgagor to a~d ay ay to mortgagee with each month(y payrnent an add~~ionaf sum estima~ed by mortgagee tq be equal to 1/12 of the annual e follow- ing: A-All real property taxes levie a ainst the above described real estate. ' B-Premiurns on fire and windstorm insurar.ce as herem ' carried on vements situate on the above desaibed premises. ~ C-Premi~ms on such mwtgage guaranty ir.surar~ce as mwtgsgee time to ~ ' on the loan secured hereby. ~ ; Mortgagee shail rrom time ro time notify mor wnting of the amoum due and payabte hereunder and such s ~ereupon be due and I. payable on the due date of the n payment and each successive mon~h thereafter until mortgagee shall notify mortgagor o a in such amounl. app!ied by mortgagee towa:d the payment of real property taxes, insurance prem:ums, and mortgage guaranty insur i m~ums. I IN WITNE56 'JVHER~OF. the said MORTGAGOR has Ixreunto set his hand and seal tM ay, ~and yea f~tst a esaid. Signed. Se and del' in the presence of: - ~ n ; ~ s~n STATE OF FLORIDA 1 courvn oF ST . LUC IE Before me perwnally apP~a.~a Jesse John Quackenbuah, a/k/a Jesse J.- Quackenbush a~ Marie Qt18C~I1bUStf~ a/k/a Malle L, Quaekenbush his wife, to rrx well known and known to me to be the individwli described in and who eaecuted the foregany instrument, and acknowledged befwe me that they executed the same for the p~rposes ??,e?~~~ ~:~.~~d. n~d r~ sai ~zie Quackenbush a/k/a Marie L. Quackenbush ; wi(e of the ,~~a Jesse John Quackenbush, a k/a Jesse .T. Quackenbush upon a sepsrate snd privats examinsYwn by me taken separate and apart from her said husband, ~dcnowledged to and before me that she execu~ed said instrumem freely and volun- i rarily and withovt a~y compulsio~, constraint, apprehension, wifeu of or from her wid huA ='11 69 t 7:7~G ~ WITNESS my hand and officiaf seal this-~.1~~ day of p A. D. 19 i ~ t Nmary Pub " m snd fa the/' of Florida at l~rp~ ' My ion expires: /9 ~J / Return To: • , . • ~ Fint Federal Savings b loaa Association •`~`t~~µ~{~y~~+, J ~t~{K, State of F{aida at tarqe ; :1ota;y Of Fort Pierce. ~ ~ti~~ -,~n, ~y? ca++~~~,~~~ s. 1911 ~ ~n Pierca Flw~da ;.••"'~;~;y;~tED AND RECORD~O~ ~°~dy~~f~~~~ ~ J . . = ~ L. . :O ~~:~UCIE COUNTY, FLA. ~ ~ ':~TdECOR~ VERIFIED ~ ~ _ This Instrument Prepared By 0 e~ t`~"?'514 i Firs t F e d e r a) S a v in g s 8~ Loan Associ~ r~e~ f Q~~~~~,A~R 25 AM I I' 6 ~ of Fort Pierce ~,.0, : • ) i . 2 'YD'~~~~~~•~*(` V ~i~ , John W. Collins .~i;~4 STf~~`'~: ~Y)'i(,~ Che~ked By ~ ''H~~~t~j~`~ k0^vER ~'OITR C~ERK CIRCUIT COURT r~ ~o~c~?"1 n~ 9~ ; s . _ ~ _ ; - - - - - ~ ~ _ ~